Tantalizers Reconstitutes Board as New Investors Take Over

By Aduragbemi Omiyale

To align with its new strategic direction, Tantalizers Plc has reconstituted its board, with Mr Adam Nuru becoming the new chairman of the organisation.

Recall that Messrs Food Specialties and Organics Limited and Banklink Africa Private Equities Limited acquired the majority shareholding of the firm.

This prompted a board meeting on October 15, 2024, where Mr Eze Nwa-Uwa was chosen to become the acting company secretary.

Also, Mr Charles Olayemi Ifidon, Mr Oyebode Akinboye, Mr Rob Speiljer, Mrs Abimbola Izu, Mr Olusegun Ekundayo, and Mr Israel Ovirih were appointed to the board as directors.

They were selected for the positions to enable them to significantly contribute to the company’s growth and future direction.

In addition, two members of the previous board, Mrs Abosede Ayeni and Mr Bamidele Oke, who is the Executive Director for Finance, were allowed to work with the new team to guarantee stability and continuity in the leadership of Tantalizers, according to a statement.

It was disclosed that the chief executive of the firm, Mrs Abosede Ayeni, stepped down from her role, but appointed as a non-executive director to gain from her wealth of experience.

As a result of the changes, Mr Jaiye Oyedotun is no longer the chairman of Tantalizers, as Mr Mofoluso Oluyemi Ayeni left his position as the vice chairman.

Further, Mr Tunji Bello, Mr Muyiwa Kupoluyi, and Mr Yemisi Shyllon have all left the board as director, with Tantalizers thanking them “for their invaluable contributions during their time on the board.”